New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-07-11

the weeks OF three years compare AS follows
s, 's's E Is; s' .;;5
.F1vedays
The Now-York banks hold. of legal money, 300 600
states treasury holds in its vaults OF gold silver dollars
aud buon aud egnltcnder notes In eIces "i ont an
Ing cercatr,. only S47 5000 more than neld luy
! / 1886 This shows, between tha Nsw YORK banks
AVID tho Treasury, disappearance 90, OF only
Ss ,cconots or nrins he twelve mcnins ns
country produced from ts minss over fo ooo;ooo
of cold 900 900 Of ~ consumer ny rue arts
and there remains sl5.O00.0J0 aided TO the circulation
The o. goo "a isf T %s sas the
Sis00O.oO0 or additional goI cre,.a 'o ho,,.ru
~ 900. OOO-and the redemption OF trade dollars, :,
s. OuO OOn-and We nave an expansion OF IeSa mohey Vi
have lost 600 900, making total Of S9l 6ooovo 70
he accounted for Where ~ IL IL has gone Soutn ana
NV On erprlses opening uow inis for cultivation. con
stricug railways creating new centres eichahs
product, Of the soil adding 10 the power Of consnmns
thc products OF The l1Om aud the furnace " oecaus
tL vast sum OF money has Zone south and west ana
STAYED there thu. we have coutended that the demands
upon the East for the movement OF the crops we're
has ceased to be the DEPOSITORY OF the nt
money IN The sa IN ae ausasn and that there
fore the low condition tat thistue OF year.
me me Trcstny psres.s Of
silver earh month must 20 on TIL Congress hnsnu' W
rcpeals the existing law and we are approaching me
perioi OF usually large gold imports. because Of the
movements OF our cotton and wheat crops The Assay
Office last week received $40 900 OF foreign gold OF
which only 100000 appeared on the bank statement Oh
The local money market steadily gravitated toward
lower rates all the week At the opening on Tneshy
| Monday was q holiday the urgency OF early Dor Dor,
rowers on coIlaterals temporarily established 10
| per cent the ratio for eau loans
| but during tho regular loan hours-aftor O'CLOCK
money In abunla supply at 7a6 per cent anu anu
since has ruled at 95. with exceptions at anu per
The foreign exchange we're dull the week .nsJs
and barely steady quotations. which for business nave
been the basis OF 81 SO aud - s4t respectively TOT
| long and short sterling. .,
Although IL was a holiday week, there was general
and marked provement In commercial and mercantile
circles Distant buyers OF general merchandise nave ar
rived In large numbers In the city, and are unanimous IN
their expressions Of confidence In large ana Prontaoc
autumn season The high price at which cotton !"
held continues TO be reflected In small exp n 70,
only 1892 bales last week, against SS,aoI
| bales for tho same week Of 1856 Tho WASHINGTON
Bureau OF Statistics repors-what everyone Knew peoro
small exports In the month OF June-4l.o5t osies
valued at s2O74417 against 245.s43 bales VALUED At
SIl j 76 359 for June 1856 but for tho ten months
ended June 80 the value only 81 less tnan III
| the ten months ended June 80. 1885.
sis5 7il.5ss against si97,s54167 The eTpossts OF
| pei roeum last month were valued a. $4.2Z4,oiv
against 81 436 June 1886 aud Tor the year snaca
June go $45423474 against $40 47S64g for tne
ended June 80 1885 The foreign demand Tor our wnea,
Continues The prospects for the wheat crop pont
e largo productions and for corn. crop OF srsassr